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Mixed-Use Land for Sale in Northfield, Minnesota

Division St S, Northfield, MN 55057

$1,875,000
11.7 acres
Active sale
ago
Est $12,809/mo

Exceptional Development Opportunity in the Heart of Northfield

This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible.

The property’s current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals.

Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street.

Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand.

The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City.

Seller financing is available, offering additional flexibility for qualified buyers.

Location

Street address
Division St S
Community
Lot A of Festler Sub
Elevation
966 feet
Coordinates
44.4435, -93.1598

Directions

I-35 to MN 19 to Lonsdale Blvd to Division St

Property details

Acreage
11.7 acres
MLS #
RMLS 7042035
Posted

Property taxes

2024
$2,025

Parcels

  • 2206351008

Legal description

Details and features

Listing

Type
Land
Franchise
Keller Williams Realty

Listing history

DateEventPriceChangeSource
Mar 24, 2026New listing$1,875,000RMLS
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This 11.7-acre property is located at Division St S in Northfield, MN 55057. The property is available for sale for $1,875,000 with a price per acre of $160,256.

Checked 1 hour ago — Updated

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